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Jari Company, which operates the rental management platform 'Jari Talk,' announced on the 1st that it has secured Series A investment worth 14.5 billion won.
The round was led by Korea Investment Partners and participated in by △HG Initiative, S2L Partners, Evergreen Investment Partners, NBH Capital, and JCH Investment. Jari Company's cumulative funding raised stands at 17.7 billion won.
Jari Company, which began in 2015 as the mobility firm Colbus Lab and changed its name last year, has continued its growth trajectory after turning profitable in 2024. Last year's revenue was 12.5 billion won, an increase of over 60% from the previous year, while operating profit reached 750 million won.
Jari Talk is a rental management platform used by 6 million tenants and 700,000 landlords. The number of registered buildings has exceeded 740,000, and the number of managed units has surpassed 2 million. A Jari Company official explained, "The recurring monthly demand for rent management has become the foundation of our revenue."
Jari Talk provides landlords with rental management ERP (Enterprise Resource Planning) functions such as sending monthly rent notices, managing collections, and handling contract administration. For tenants, it offers services including △monthly rent card payments via 'Jari Pay,' △rent refunds, △actual-residence reviews, and △short-term rentals.
In particular, actual-residence reviews, which display testimonials from people who have actually lived in the property, are well received by users looking for a home. The platform allows users to check the pros and cons of both the residence and the neighborhood, covering not only apartments but also single-room units, officetels, and villas.
A Jari Company official stated, "Ratings and reviews have become ubiquitous in nearly all markets, from food delivery to e-commerce and accommodation booking, but the real estate market, which has been slow to digitize, was the exception," adding, "Tenants in the jeonse (deposit-based lease) and monthly rent systems who face information asymmetry issues such as jeonse fraud frequently seek out actual-residence reviews."
Park Byung-jong, CEO of Jari Company, said, "Jeonse and monthly rent transactions involve entrusting a large sum of money, often close to one's entire assets, yet cases of fraud due to information asymmetry occur frequently," adding, "Through Jari Talk, we will build a trust infrastructure that benefits everyone, based on a network connecting landlords and tenants."
[MoneyToday startup media platform 'Unicorn Factory']
in FUTURE
